LPs want liquidity--and now we are here to help! Very excited to announce our new secondaries fund, for which we partnered with Kline Hill Partners Substantially oversubscribed at $105M, the intent is to deploy this capital through the end of this year. The focus will be…

95.1% of the sun obscured at the peak

PR does not exist to save you

the IRL energy is special. There's something about the serendipitous hallway conversations between founders who help each other succeed

The biggest change in the YC W24 batch is that we ran it from our new campus. The new YC campus in the heart of SF is the perfect home for us and made the batch so much better.

Melia Russell at Business Insider wrote a great article with the full story & photos.…

Knives out

I’ve joined Accel as their newest Partner. After nearly a decade of founding companies, shipping products, and working with founders, it feels like a homecoming to rejoin Accel and put my energy into supporting the next generation of builders. 🧵1/4

accel.com/noteworthy/wel…

I fell for another one!

What’s wrong with meeeee

we are so back

(to businesses actually making money)

Jesus take the wheel

Scoop!

Robo-lawyer startup DoNotPay has paid more than $1 million to employees and investors in its first-ever dividend.

This is almost unheard of in Silicon Valley — but dividends could become a norm as aging and profitable startups seek liquidity. businessinsider.com/donotpay-pays-…

startup founders are stepping down as CEOs to become VCs who will step down at firms to go back to operating so they can start angel investing on the side to build their track records to become GPs who wi

Buried in the overwhelming pace of AI news, Tamar Yehoushua is stepping down at IVP to head up tech and product at buzzy AI startup Glean.

I'm noticing a growing a wave of self-aware founders making this move from a position of strength. I'm here for it!

Scoop!

A decade after starting Front, Mathilde Collin is stepping back as chief executive and moving into an executive chair role.

She was on the hunt for a new board director at her thriving startup when she asked her top pick to replace her.

businessinsider.com/front-cofounde…

Some weekend food for thought - 55% of all venture funds don't return 1x.

You can win the best deals but if portfolio construction way off - can drag returns.

Portfolio construction is crucial. huge 🙏 to Mark Mullen Bonfire Ventures 🔥 for sharing his portfolio construction deck…